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Iran shouldn't be underestimated in 2 key oil markets

Business Insider - 17 Sep 2016 03:18
Iran shouldn't be underestimated in 2 key oil markets Adrees Latif/Reuters China has been one of the biggest oil battlegrounds in recent years, with producers clawing at its coveted market share. Traditionally, Saudi Arabia has dominated the market, but its exports have plateaued over the last few years. And this has opened a window for other producers to get in on the action. "How have the Saudis fared? Not very well. Actually, quite miserably," Michael Tran, a commodity strategist at RBC Capital Markets, wrote in a recent report to clients. Most ...
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